Multilevel marketer YTB International, Inc. announced the resignation of Thomas B. Baker from the Board of Directors on September 13. Baker accepted a position as Chief Financial Officer with another company which requires his full and immediate attention, no longer allowing him to serve in his position as an independent director and Audit Committee Chairman for YTB. J. Scott Tomer, chairman of YTB, made the announcement.
YTB also announced the election of Fred E. Lutzeier to YTB’S Board of Directors on Tuesday, September 14. Lutzeier is currently a principal with Mueller Prost PC and a managing partner of Bankers' Alliance Group, LLC. YTB reports Lutzeier has extensive experience in accounting, finance, corporate governance and SEC reporting. He also has over fourteen years of combined public accounting experience with PricewaterhouseCoopers LLP and KPMG LLP. He is a CPA.